Gulf of Oman – June 19, 2025 — A significant oil slick has been detected in the Gulf of Oman following a collision between two tankers, Front Eagle and the shadow fleet vessel Adalynn, …
Navigating Uncertainty: Industry Sentiment and Risk Management in the Maritime Sector (2025)
7 minutes readThe maritime and shipping industry, the backbone of global trade, is navigating through turbulent waters in 2025. With geopolitical tensions, climate change, and digital threats reshaping the landscape, industry leaders …
A tripling in cargo insurance costs for tankers and record increases in freight rates have been recorded within hours, as shipowners and charterers react to growing uncertainty in the Middle East due to the …
Global Shipping Market Reacts to Middle East Tensions: Freight Rates and Tanker Stocks Surge
5 minutes readIntroduction As geopolitical tensions escalate in the Middle East, particularly between Iran and Israel, the global shipping industry is once again in the spotlight. With fears mounting over a potential …
Rising Tensions in the Middle East: International Shipping on High Alert Amid Geopolitical Crisis
5 minutes readThe global maritime community is now on heightened alert due to escalating fears of military escalation between Iran and Israel. These tensions are fueling widespread concerns about regional stability in …
Profitable Investments in Shuttle DP Tankers: A Growing Opportunity for Maritime Companies
4 minutes readProfitable investments in Shuttle DP tankers are a great opportunity for shipping companies according to Clarksons research.
MSC Baltic III Salvage: Fuel and Container Removal Underway
3 minutes readSalvage teams are making progress removing containers and fuel from the grounded MSC Baltic III off Newfoundland, mitigating environmental risks.
Israel launches retaliatory airstrikes on Yemen after Houthi missile attacks target Israeli airports and cities, escalating regional tensions and impacting civilians.
The EU ETS carbon trading scheme poses serious challenges for small shipping companies. Discover how compliance costs, limited resources, and regulatory complexity may push smaller players to the margins of the maritime industry.
Shipyards
Discover how HD Hyundai’s delivery of its 5,000th vessel marks a new era in maritime excellence and innovation.
Cochin Shipyard Secures Landmark Deal with CMA CGM: A New Era for Indian Shipbuilding
5 minutes readCochin Shipyard Limited (CSL) has made headlines by securing a groundbreaking contract with CMA CGM Group, the world’s third-largest container shipping company. This historic agreement …
Fincantieri and TUI Cruises have signed a contract to build two innovative LNG-powered cruise ships by 2027 and 2028, emphasizing in sustainability.
DSIC Delivers SEA SPIRIT: China’s First Mark III LNG Carrier Ushers in New Era for Clean Energy Shipping
3 minutes readDiscover how DSIC LNG carrier SEA SPIRIT marks China’s entry into the advanced LNG shipping sector, boosting energy sustainability and innovation.
Shipping Companies
Diana Shipping Tables Buyout Offer for Genco: What It Means for the Dry Bulk Market
35 views 3 minutes readDiscover how Diana Shipping’s potential acquisition of Genco Shipping could reshape the global dry bulk industry, enhancing efficiency and competitiveness.
A Greek Shipping Company “ALTOMARE” Blacklisted by US
35 views 5 minutes readDiscover how U.S. sanctions target Greek shipping firm Altomare Shipping amid allegations of Iranian oil transport, impacting global maritime operations.
Greece Tops the World’s Merchant Fleet Rankings in 2025
82 views 5 minutes readDiscover how Greece became a maritime powerhouse in 2025, commanding nearly 20% of global DWT and leading in green shipping innovations.
MSC Orders Six Ultra-Large Container Ships for $1.2 Billion
85 views 3 minutes readMSC orders $1.2 billion for six 22,000 TEU LNG dual-fuel vessels, boosting fleet modernization and sustainability efforts in global shipping.
Classification Societies
IMO Council Election 2026-2027: What This Means for the Maritime Industry
3 views 7 minutes readDiscover how the recent IMO Council elections shape maritime safety, sustainability, and regulation reform. Stay ahead in the evolving maritime industry.
Lloyd’s Register and Jinan Shipyard Forge Strategic Partnership to Drive Maritime Innovation Across the GCC
35 views 3 minutes readDiscover how Lloyd’s Register and Jinan Shipyard’s partnership aims to revolutionize GCC’s maritime industry with innovation, sustainability, and safety.
Lloyd’s Register Launches International Maritime Future Technologies Innovation Centre
76 views 4 minutes readDiscover the Lloyd’s Register-led International Maritime Future Technologies Innovation Centre, a global hub driving zero-carbon maritime innovations.
Latest Developments from Classification Societies: Driving Safety, Sustainability, and Digitalization
90 views 5 minutes readDiscover how classification societies like DNV, Lloyd’s Register, ABS, and Bureau Veritas are advancing maritime safety, sustainability, and digital innovation.
Marine Engines
WinGD to Launch First Ethanol-Fueled Ship Engines by 2026 in Push for Low-Emission Maritime Solutions
2 minutes readDiscover how WinGD’s plan to introduce ethanol-fueled ships by 2026 could revolutionize sustainable maritime transportation and reduce emissions.
Decarbonization Drives Innovation in Maritime Propulsion
4 minutes readLearn how decarbonization requires innovations in Maritime Propulsion
by Sanvee Gupta